Republicans Will Unveil Their Budget Next Week. Here’s What You Need to Know.

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Heritage Foundation:

Budget season on Capitol Hill is quickly approaching, but Republican lawmakers have remained quiet about the details of their fiscal blueprints.

 

Both Senate and House Republicans are expected to release separate budgets next week and plan to vote on the resolutions by the end of the month.

 

Though few details on the proposals have emerged, the new Republican-led Congress hopes to pass a balanced budget for the 2016 fiscal year, which begins Oct. 1.

 

Medicaid, Medicare and Social Security:

 

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According to people familiar with the Senate GOP’s budget negotiations, the budget for fiscal year 2016 will propose a transfer of control over Medicaid and food-stamp programs from the federal government to the states. Currently, states administer the Medicaid programs, but the majority of funding comes from the federal government.

Instead, the Senate’s Republican budget will appropriate the funding in a manner similar to block grants, in which a state gets a lump sum of money and has discretion in operating the program.